California Public Employees' Retirement System related stories
All articles and analysis
How to break into GP stakesManagers hoping to launch a GP stakes strategy may find more luck if they pick a segment or region that is underserved by incumbent players.
Norway’s SWF has a severe case of FOMOAs the public markets continue to shrink, the case for GPFG’s entry into private equity is not only one of returns but, increasingly, one of diversification.
Side Letter: How to communicate with LPsSpeakers at PEI Group's Investor Relations, Marketing & Communications Forum last week shared their tips for reaching out to LPs. Plus: Willis Towers Watson plans to launch its first pooled PE fund. Here's today's brief, for our valued subscribers only.
Side Letter: CalPERS' next CIOCalPERS' fourth CIO since 2014 comes from an institution without significant pedigree in private equity. Plus: European software specialist Main Capital holds a double close; and Intermediate Capital Group has raised $1bn for LP-leds. Here's today's brief, for our valued subscribers only.
Side Letter: Partners Group's royaltiesPartners Group has launched a new strategy dedicated to private markets royalties. Plus: an exploration of sponsor-led PIPEs; and another Japan fund has reached a close. Here's today's brief, for our valued subscribers only.
Side Letter: CalPERS' co-invest convictionCalPERS pumped roughly half of its private equity budget into co-investments last year. Plus: why VC's loss could be the mid-market's gain; and CDPQ makes a statement hire in India. Here's today's brief, for our valued subscribers only.
Side Letter: Cathay Life's $1.2bn saleA Taiwan life insurer is selling a $1.2 billion portfolio ahead of regulatory changes. Plus: what the SEC's new ESG rule could mean for private markets; and Inflexion raises a hefty minority fund. Here's today's brief, for our valued subscribers only.
Side Letter: CVC's continuation fundCVC is running a process to extend its ownership of a prized asset. Plus: EQT has closed Fund X north of its target; and Latin American private markets are heating up. Here's today's brief, for our valued subscribers only.
Side Letter: PE newcomersHappy New Year! Side Letter is kicking off 2024 with a list of interesting emerging managers, a profile of Texas Municipal's new PE-loving CIO, and deployment data from sovereign investors. Here's today's brief, for our valued subscribers only.
LPs navigate shifting tides in the ESG landscapeESG continues to garner support from investors in Europe and Asia while facing political headwinds in the US.